April has $500 in the bank. The account will earn 4% in simple interest for the next 3 years. How much interest will April earn? Show your work.

Lily has an account that pays 3.48% simple interest per year and wants to accumulate $4,000 in interest from it over the next 12 years. How much money should Lily invest in this account to meet her goal? (Use I = Prt) a. $2,000.00 b. $1.670,40 $9.578.54 d. $6,030.27

Josie wants to be able to celebrate her graduation from CSULA in 4 years. She found an annuity that is paying 7%. Her goal is to have $5,000.00. Assume the interest rate remains the same while the account is open. Round al| answers to the nearest penny. How much should be deposited each week? Weekly Deposit How much will be in the account at the end of the 4 years? Future Value 24 How much will she have deposited, in total? Total 24 How much interest, in total, will be earned? Interest If Josie wanted to make a single deposit into a savings account that earns 7% compounded weekly to reach her goal, how much would that deposit be? Single Deposit $ P Type here to search DII F5 PrtScn Home F9 End F3 F6 F7 %23 2$ 6 7 8. 9. Q W E R

Can you please help me work this problem out in detail?   Carol is depositing $250 into an account every six months earning 6%, compounded semiannually. How much money will be in the account after 5 years?

Imelda opens a savings account with $12,000, which pays an annual interest rate of 7.8%. If she reinvests the generated interest every month and also deposits $2,300 each month, how much will be in the account after 2 years? The interest is reinvested on the same day as the $2,300 deposit. Otions: 69177.89 71052.15 73548.61 70524.79

Please help me answer the following time value of money question. Suppose Nicole deposits $50,000 in an account that pays 9% compounded annually. How long does it take before her balance is $125,000?

A man wants to set up a 529 college savings account for his granddaughter. How much would he need to deposit each year into the account in order to have $80,000 saved up for when she goes to college in 15 years, assuming the account earns a 8% annual return. Annual deposit:

Write your answer on clean paper, show your solution clearly and readable, and then Box your final answer.  Take note: Give what is asked and show your answer.

Determine whether each scenario below is a savings/investments question or a loans question. 1. Sabrina finances a $21,999 car at 4.25% APR over 5 years. If she makes a down payment for $5,000, how much will she end up paying in interest for the car? 2. Alejandro deposits $1,500 into an investment account with an APR of 2.25% compounded monthly. How much does Alejandro need to put into his account each month in order to have $5,000 in 3 years to purchase a car in cash? 3. Amy wants to buy a house for $150,000. She doesn't have enough yet for a 20% down payment. If she puts $2,000 into the account now and $500 every month, how long will it take for her to have enough for a 20% down payment to buy this house? 4. Arnie paid $500 for his $1,200 laptop. If he finances the rest at 6.75% over 24 months, how much money will he end up paying in total for this laptop?

Jessica wants to accumulate $13,000 by the end of 6 years in a special bank account, which she had opened for this purpose. To achieve this goal, Jessica plans to deposit a fixed sum of money into the account at the end of the month over the 6-year period. If the bank pays interest at the rate of 5% per year compounded monthly, how much does she have to deposit each month into her account? (Round your answer to the nearest cent.)